In India, PAN is expected to witness a sustained growth in demand driven by expansion in capacities of all downstream users such as paints, PVC, transportation, construction, plastic products, textile dyes and printing inks in the country.

Overview

Highlights

Table of Contents

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The market size of PAN in India is growing at 7.9 percent annually from the fiscal year 2008-09 to 2016-17. With the Government of Indiaâ€™s thrust on infrastructure, the consumption of phthalic anhydride is expected to rise going forward over the period of 2016-21.

The Government is curbing the dumping of PAN by issuing various safeguard duties and anti-dumping duties to ensure that cheap imports are restricted. The western region of India is the leading consumer of phthalic anhydride, accounting for a major portion of the domestic demand. Northern and southern regions are other important consumers of phthalic anhydride, which would record significant growth in the coming years. Fluctuations in the prices of PAN, which have been recorded in the past 5 years were caused primarily due to variable price movements of Ortho-Xylene, in the international market.

A majority of globally produced Ortho-Xylene is used for the manufacture of phthalic anhydride. The strong global demand for phthalate plasticizers is the major driver for the growing consumption of PAN. In India, as the growing demand of phthalate plasticizers in the production of polyvinyl chloride (PVC) and unsaturated polyester resins in the manufacturing of fiberglass-reinforced plastic (FRP) is expected to drive the market in the coming years.

World consumption of phthalic anhydride is forecasted to grow at an average annual rate of 2.8% per year for the next five years to 2021. Asia is the largest consumer of phthalic anhydride for the production of plasticizers, accounting for about 61% of consumption. China is the worldâ€™s largest consumer of phthalic anhydride for phthalate plasticizers followed by Western Europe, India and North America. Above-average growth is expected in Asia, particularly in India, China, and Southeast Asia. Below-average growth is forecast for Japan, Taiwan, and South Korea. Outside of Asia, the Middle East is expected to have the largest volume growth in the market.

Highlights of the Report

Domestic installed capacity, production and demand

Demand Supply Forecasting

Key Manufacturers in India

Capacity Utilization Rate

Planned Projects and Expansions

Domestic Market Share and Trends

Region-wise Demand Distribution

Month-wise Import Quantities

Month-wise Export Quantities

Country-wise Share of Imports

Country-wise Share of Exports

Major End Users, Traders and Distributors

CFR Pricing

Domestic Market Prices

Prominent Production Technology Licensors

Industrial Manufacturing Process

Application and Use in Diverse Sectors

Global Market highlights

Health Impacts

Chemical and Physical Properties

Market Dynamics

EXECUTIVE SUMMARY

Chapter 1: INTRODUCTION

Chemical and Physical Properties of Phthalic Anhydride

Technology

Manufacturing Process

Health Impacts of Phthalic Anhydride

Application and Use in Diverse Sectors

CHAPTER 2: INDIAN SCENARIO

Capacity, Production, Import, Export and Demand of PAN from fiscal year 2008-09 to 2016-17 in MT

Production and Demand

Capacity Utilization

Demand Supply Forecasting from FY 2016 to 2021

Key Phthalic Anhydride Producers in India

I G Petrochemicals Ltd

Thirumalai Chemicals Ltd. (TCL)

Asian Paints

Mysore Petro Chemicals Limited

SI Group

CHAPTER 3: IMPORT AND EXPORT SCENARIO

Import and Export of PAN

Import and Export Source and Destination

PAN Import Source Countries

PAN Export Destination Countries

Month Wise Import and Export of PAN

Month wise Import of PAN from calendar year 2015 to 2017, MT

Month wise Export of PAN from calendar year 2015 to 2017

Major End Users, Traders and Distributors

CHAPTER 4: PRICE ANALYSIS

Import and Export Value per Tonne of PAN

Import Value Per Tonne of PAN from fiscal year 2008-09 to 2016-17, Rs/Tonne

Export Value per Tonne of PAN from fiscal year 2008-09 to 2016-17, Rs/MT